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u.s. spending for defense at $699 billion. >> we can reduce that by well over a $100 billion a year. >> the range of new threats include cyber threats, bio threats, and a host of non-state actors. >> how do you do all of this on the budgets we have for the armed forces given the debt situation we have in our own country? >> that's going to be, i think, in many ways the biggest debate within the military, if not, in society at large. (instrumental music) >> in a democracy agreement is not essential, but participation is. >> never before in our history have we been so inter-connected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. (instrumental music) >> great decisions is produced by the foreign policy association, inspiring america's to learn more about the world. sponsorship of great decisions i
alarmed people in neighboring countries. senior officials have met with their u.s. counterparts to coordinate their response. south korea's chief nuclear negotiator and the head of the japanese foreign ministries headed to washington. they met with u.s. special representative on north korea, glen davies. they will continue diplomatic efforts until the last minute. >> translator: we also agreed that the international community should take firm action if north korea goes ahead with the launch. >> sugiyama said he hopes to visit beijing to discuss the matter with chinese officials. >> they're ignored warnings over the year when they went ahead with a launch that ended in failure. covering the korean peninsula, we see why leaders in the north are pushing ahead despite opposition. >> reporter: the ballistic missile launch will be the second since kim jong-un took power a year ago. it will use the same launch pad, a site in the northwestern part of the country. before the first testing, officials said the three-stage rocket was meant to carry a satellite. but japan and the u.s. and so
. jacob roberts. 22 years old. one of his friends told us today that roberts was always so happy, so friendly. according to the sheriff he had no known criminal history until yesterday afternoon. when witnesses say the guy walked in the clackamas town center mall in su push of portland, oregon, carrying a stolen semi-automatic rifle, magazine after magazine full of ammo, wearing a hockey mask. like jason, the killer from friday the 13th horror movie they said. >> as he drawn the hallway it got real quiet. just because i was in shock. everything that but going on. i hear "i am the shooter." after that, i heard five or six shots. but then i ran out and i started telling people it's time to go. >> witnesses say dozens of shots followed. the shooter chose his targets at random, say police. in the middle of a mall packed with up to 10,000 employees an shoppers. a lot of them ran. others say they hid in backroom of stores. sheriff department reports itsed within one minute. radio traffic shows the chaos. >> active shooter. >> people sailing out like crazy from everywhere. >> shepard: the h
of libya's ire -- ire veal -- irrelevance of u.s. policy. go back to the libyan's fate, one, the u.s. relations with lip ya has been, you know, u.s. has always looked at libya as something of a strange creature that we could use for certain -- as a piece, of a strategy that had to do with the region as a whole. it was never looked at -- it was never seen as an object in and of itself. could start with the relation of the soviets, the eisenhower doctrine, and the united states' desire to push back soviet influence. libya was desperately pleading for u.s. attention back then, for aid, to get itself together, to stand on its own feet. this was before the discovery of oil, and the u.s. took a, well, you know, you're not really important as e just a minute, for example, and, you know, we'll think about it, and the result was that the prime minister of the time, you know, basically devised a plan to court the soviets and see if he could grab the united states' attention, and that happened. the next, you know, major event was the libya's and gadhafi's successful bid to change drastically th
-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >>> a significant announcement from president obama during an exclusive interview with our very open barbara walters. >> the president said his administration now formally recognizes a newly formed coalition of syrian rebels. that is significant. the rebels for fighting to topple syria's president. here's her report. >> i would like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime and so we will provide them recognition and obviously with t
next month. >> luca, stay with us. we want to bring you major news out of neighboring korea. south korea has chosen its first ever female president. cheri kay has all the news. how significant is the election of miss park? >> well, i mean, she's really made history, set to become south korea's first woman president. it was a very tight race, a very polarized election with park winning 51.5% of the votes. but in the end, south korea made a choice that means more hope of economic recovery. scenes of joy as the v in south korea's presidential poll. >> this election is your victory. this is a victory brought by the people's hope for overcoming crisis and economic recovery 37. >> the daughter of a former military leader will take office next year as the country's first female president, challenging syria types in a country traditionally ruled by men in suits. she will be tasked with getting the slowing economy back on track at a time when growth rates have risen to a meager 2% now. but she will need to do it in a way that appeases young voters who are calling for more balanced income di
stability and security of the asia-pacific as we protect u.s. national interest. and, of course, the keys to success will be innovative access agreements, greatly increased exercises, rotational presence increases, efficient force posture initiatives that will maximize the dollars that we are given to stand. and it also is by putting our most capable forces forward, as was her newest most advanced equipment to ensure we effectively operate with our allies and partners across a wide range of operations as we work together for peace and stability. i was asked to keep these opening remarks at little shorter than the last time, so i can get to your questions. so i'd like to finish up with a couple of thoughts. the rebalanced is based on a strategy of collaboration and cooperation. thought containment. and that the united states is a pacific power that will remain a pacific power, and we at pacom look forward to doing our part to keep asia is difficult full, peaceful and secure for decades to come. thank you. >> will take our first question writer spent admiral, thank you for meeting
>> steve: thanks very much for joining us on this thursday. tomorrow, friday, that means geraldo rivera drops by. >> gretchen: he will. and we're going to have more with the cast from "a christmas story" in our after the show show. we can hardly wait. >> brian: you just finding this out for the first time? >> steve: who needs broadway when you got fox friends friends. see you tomorrow, everybody. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these canni
is the negotiators are probably going to use a baseline that is different from the congressional budget office and senator warner talks about getting savings from the tax rates going up on what the americans. as i understand, it is already built into the cbo baseline. so, in terms of getting to that four to 6 trillion-dollar how much are we talking a lot in terms of real savings and in terms of tax increases, and how much are we talking about in terms of coming you know, just a redefined baseline? and then in the other question is can you give us an idea in terms of framework we are likely to see at the end of the year are we just going to see a bunch of top line number $800 billion with some sort of trigger or are we going to see the details, and if we see a bunch of top line numbers, how long does it take to get to feeling that an and drafting the legislation to get it through the congress? >> i would like to answer the second question. >> there is an old adage that says you don't learn a lot on the second kick in the shin from a mule. we've down this road of process. we have 12 fighting hig
. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum which would leave a vacuum there. several countries in that region are trying to find a place
experts used data from previous launches to make their estimate. they say a missile launched in 2009 had a range of almost 7,000 kilometers. north korean officials tried again in april. that one exploded shortly after takeoff, but the first booster burned 18 seconds longer than those used in previous attempts. the experts believe engineers may have succeeded in reducing the size of a nuclear warhead. south korean officials say workers have completed the assembly of the three-stage missile. they say once the crew injects the fuel, it will be ready to go. authorities in pyongyang say they'll launch between the 10th and 22nd of this month. they say they're sending a satellite into orbit, but leaders of japan and other countries believe the north koreans are carrying out a test of a long-range ballistic missile. >>> the senior u.s. diplomat on north korea has warned the leadership there. he said the u.s. will refer the matter to the u.n. security council if they go ahead with the launch. >> we will be prepared to work with our partners, including the united nations security counc
at the history of what has been done. there is a long history of using that debt limit as a moment to distract from the party in power. if we had an academic seminar on the impact of the that struggle and the fiscal policy, he would say that it was a negative thing. >> well, i have never until last year of august 2011, i have not seen any serious effort or serious threat made by the leadership of congress to refuse to give the secretary of treasury the ability to offer to meet obligations congress had adopted. i thought that was a new experience for us. it certainly was for me to see that happen. dr. zandi, you said you think that we need to repeal this law that tries to set a debt limit and concentrate more on taxing and spending policies that causes to raise the debt, as i understand? >> absolutely. it is a bad way to conduct policy. it is a problem. look at july and august of 2011. it was a mess. gdp downgraded the debt. it really had an impact. cbo is estimating the interest costs is costing us money. it is pretty clear that this is not going to get any better going forward. it will be wor
with the u.s. think you, i yield back. >> mr. affleck, i think you have raised a central issue, the lack of security among the population. right now we are relying upon congolese government to provide as security. in afghanistan, we've got a questionable partner in the karzai government. that has been difficult. we have a less than credible partner in the congolese government. in afghanistan, we have gone through these stabilization operations as an alternative way to provide security at the local level with the villages, communities, whereby we have been providing some arms and training to the local population there so that they can provide their own security. obviously, the karzai government has been opposed to that. are there any opportunities for any alternative strategies, given the nature of the in theese government any d drc, mr. affleck? >> i will yield to an expert fellow panelist year, but one of the -- the basic issue, and one that will go a long way and that i alluded to earlier, climbing some influence to president -- are applying some influence to president kabila so that p
for his alleged role in the attack that killed four americans including u.s. ambassador chris stevens. molly is live in washington with the latest. hi, molly. >> hi, rick. he is a leader in the terror world. he is ambitious and very dangerous and now egyptian authorities aided by u.s. intelligence have him. officials have been tracking him for months according to the "wall street journal" and interest intensified after followers participated in the attack in benghazi, libya. he was captured in the past week or so, but we don't have details yet on how he was detained. u.s.ish ifs have not been able to interrogate him yet. here is what we know. ahmad is a former egyptian jihad member. he was released from a prison in march of 2011. he is the leader of the jamal network and has been setting up terror training camps in libya and egypt with some financial help from al-qaeda and yemen. and he was trying to set up al-qaeda in egypt. meanwhile secretary of state hillary clinton will be testifying on the benghazi uhing tay. a review board investigating the attack should be completed soon and s
is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi
.com/sotu for extras. for all of us at state of the union, again, we want to wish you a merry christmas and happy holiday season. fareed zakaria "gps" is next for our viewers here in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to the economy. i will talk to the chief economic adviser of the romney campaign and president obama's former budget czar peter orzack, among others. >>> also, let me tell you about the biggest success story in latin america. it's not brazil. much closer to home. then, as the world watches the arab world struggle with democracy, we'll take a look at the problem from an unusual perspective, upside down. how does a country turn away from democracy as eastern europe did 50 years ago? i talked to pulitzer prize winning historian anne happalbaum. >>> the administration had a choice save chrysler by injecting taxpayer dollars or let it fail and let it lose perhaps a million jobs. car czar ste
pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in their district, they will highlight what they say i see ae small business tax hike president obama is pushing. the president is skipping town also for a quick stop in northern virginia. there he will meet with a middle-class family to press congress to protect those making less than $250,000 per year for a tax increase by raising rates on those earning more. the white house demanding a tax rate increase. republicans will agree to increase taxes through eliminating deductions. even if they figure out taxes, democrats and republicans still have to resolve significant differences on entitlements. take a listen. >> it is not even the right thing to do first and foremost. visit the trophy that republicans want? is that what they want to do what is right to raise the rates? speak of the american people want us to
are facing now a possible theory of stearate using chemical weapons. they should've been abolished five or 10 years ago if the treaty had been enforced. so it seems to me, go for abolition of these weapons with good, thorough verification. i worked with inf despite the fact that two or three years before we got it, but that would be acceptable. >> rick, your turn. >> as the chairman of the global stearate u.s.a., i have to agree with jack. i won't expound on that. you know, there was no way when i was deeply involved in the issue in the early 80s that i could've foreseen gorbachev. nor could i foreseen the treaty. the zero option when it was propounded was preposterous. i post it. so did the secretary of state. reviewed this and i guess this is the lesson. we view this is largely a challenge and an opportunity and strengthen the alliance. we saw ourselves under threat. the doublecheck decision on deployment of the missiles was part of a broader political military exercise to strengthen the alliance to deal with whatever the next challenge we would face from the soviet union. what i have to sa
with some sad news today. a u.s. navy seal killed during the daring rescue of an american held captive in the heart of afghanistan. good morning i'm jon scott. jenna: i'm jenna lee. when we talk about the american captive, we have a picture of the doctor whose live was saved. he is dylan joseph, a native colorado. he was in afghanistan for humanitarian work when i was kidnapped by the taliban in a province east of kabul. national security correspondent jennifer griffin is live at pentagon with more. jen, do we have any details on the american who gave his life to save this doctor? >> reporter: they're waiting to contact the family so the military does not release the identity of the seal killed in that rescue attempt. we know he was a member of "seal team 6". not necessarily a member of the same group that carried out the usama bin laden raid. there are about 200 members of "seal team 6". this man, as you said, gave his life for his fellow american. here is a statement that was read by the spokesman for isaf today. >> it has been decided to start the operations since the assessment the
to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years before 2030. the council's analysts say the u.s. will remain unrivaled in its ability to orchestrate all aspects of power including the military it the analysts say the japanese economy will gradually shrink as the population ages and the labor force contracts. they say japan will retain fourth place in terms of overall power, trailing only the u.s., china and india. the council experts say asian countries such as india and indonesia are likely to boost their military power. but they warn of an arms race in asia. if the u.s. scales back its military commitment in the region. they say some tionmay begin developing nuclear weapons. new car sales are fueling china's economy. sales grew 8.2% in november from the same time last year. officials say nearly 1.8 million units were sold last month. japanese firms lost out after chinese consumers boytted their vehicles over a territorial dispute. they saw a slight improvement last month. total new car sales this china w
. >> about 10.5. >> join us tomorrow. right now it's time for "squawk on the street." >>> good wednesday morning. welcome to "squawk on the street." live at the nyse. what a morning shaping up here. a little data to look at. m&a. the president speaks to the business roundtable in a couple of hours. futures with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with th
us december 16th for "japan decides." >>> continued violence in afghanistan has cast a shadow over plans for the country to take over it's own security in 2013. the pentagon insists things are back on track. and uses phrase dramatically improved to describe the situation in a new report. we have a report from our bureau in bangkok. >> the u.s. department of defense has released its latest report on the on going battle with taliban in afghanistan. progress has been made, but much remains to be done. pressing issue, how to best train afghan forces to maintain security. the report released to the u.s. congress on monday. a key claim is that 76% of the country's population lives in areas where afghan police and troops maintain the leading role in security. it also states that attacks by the taliban rose by 1% for the period of april to september, known as the afghan fighting season. the pentagon says increased violence centered on rural areas and security in cities dramatically improved during the same period. since the start of the year, attacks fell 22% in kabul, 62% in kandahar, and
. thousands of people take to the streets of egypt us second city of defence on religion and the constitution. at 1-year mandate for mali. the go-ahead for national troops. at no end, the standoff for washington. republican plans to avert a fiscal crisis fails to win back supsupport in the white house. at least 30 people have been killed in southeastern kenya. the deaths in the region are being blamed on tribal fighting between the two communities. more now from al jazeera -- nazanineazeera's moshiri. >> a victims are at least five children, five women. many people injured as well. enya's red cross says they have managed to evacuate 16 seriously injured to a town on the coast. they are still searching in the area for more victims. at the heart of this is land. this is the arid area, water is scarce. grazing land is scarce as well. the orma on the one side, her on the other side the pastor list -- the pokomo back in august and september, hundreds were injured and thousands were replaced. also part of this our politics. kenya is heading for a presidential election in march, 2013, and the politi
martha: thanks for being with us, everybody. the driving dogs has to wait unfor the in the leave. it's outstanding we'll catch you on the radio in about 20 minutes. martha: see you there, by, guys. jenna: breaking information in the benghazi terror investigation, as we await news from a bipartisan classified briefing on that deadly attack back on september 11th when terrorists killed four americans, including our ambassador to libya. we are staking out the hearing if case any lawmakers decide to talk. catherine herridge will bring us a live report a little later on in the show. >> reporter: i want to go live to the president who is speaking before a group of business leaders, let's listen in. >> it's good to be back at the business roundtable. jim, thanks for your leadership. originally my team had prepared some remarks, they always get nervous when -- when i'm out there on my own, you never know what i might say. but given the dialogue that we had the last time i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and spend most of our time just
1,900 were injured. officials alleged that abhisit and his deputy prime minister were aware the use of firearms by security forces could cause civilian casualties. >>> authorities in north korea are pressing ahead with their plans to launch what they call a rocket. south korean government officials say their neighbors are sending up a missile. they say it has a range of more than 10,000 kilometers, capable of reaching the u.s. west coast. experts used data from previous launches to make their estimate. they say a missile launched in 2009 had a range of almost 7,000 kilometers. north korean officials tried again in april. that one exploded shortly after takeoff. but the first booster burned 18 seconds longer than those used in previous attempts. the experts believe engineers may have succeeded in reducing the size of a nuclear warhead. south korean officials say workers have completed assembly of the three-stage missile. they say once the crew injects the fuel, it would be ready to go. authorities in pyongyang say they'll launch between the 10th and 22nd of this month. they say they'
impression on a great many people around the world, and especially on the 100 of us who serve here. he commanded our respect in a remarkable way. part of it was because of his service in the war. he and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for
to believe that is the best route for us to take. speak loudly the decimal be part of the agreement and frankly public and colleagues have learned to say the government will not pay its debts and hold off or something else is bad substance and bad politics. >> obama aides say the company, the engine company in detroit called detroit diesel will announce $100 billion investment in new production as part of the president's visit. melissa: peter barnes, thank you so much. president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about entitlements getting a little it is realistic to see the deal that might alternately happen? >> hi, lori and melissa. do you think you wil you'll havw december 31? i think this thing will stretch out maybe a few hours before plunging off a cliff. lori
route for us to take. peter: this afternoon, the president will speak in detroit. he will be speaking at and engine company, detroit diesel. obama aides said the company will also announce $100 million new investment and production as part of the president visit. dagen and connell. dagen: thank you very much, peter. peter barnes in washington. connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to despera
that told the story. the war blur that richard nixon used to trap him in the cross-examination, and these things, they live in a mythological memory. it was in the "new york times" three weeks ago or so in a box, you know, a-11, a war blur appeared in new york city in manhattan, and times photographed it, making the reference to this work we're going to talk about today, and then, i think, a classic status was enhanced by the seemingly never ending decades of controversy in which the defenders tried to make slanders of the authors of witness stick. today, i want to introduce the three panelists. this is an amazingly powerful group we have here. all at once. leave it to them. they will take it over. each, i hope, making remarks ten minute, and we'll open it up for further discussion. elliot a -- abrams had a remarkable strings of enormous importance. i remember him going back to the early reagan years. he began my knowledge with human rights, and that was really something, the jimmy carter invention of human rights, and in charge of latin american affairs, positions
into this bill and the way he's worked cooperatively with all of us on both sides of the aisle and madam speaker, i urge my colleagues to join me in supporting this bill and i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves. the chair will receive a message. the messenger: madam speaker a message from the senate. the secretary: madam speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the nat has passed without amendment h.r. 3641, cited as the national park act. the speaker pro tempore: the gentleman from utah. >> i have no fufert speakers and reserve the balance -- mr. chaffetz: i have no further speakers and reserve the balance of my time. the speaker pro tempore: the gentlewoman from the district of columbia. ms. norton: i yield back the balance of my time. the speaker pro tempore: the gentleman from utah. mr. chaffetz: i would like to thank representative poe for introducing this legislation. the intill bipartisan in its approach, it creates a means for properly commemorating the cent
to help us celebrate this stupid milestone, can we call it that? not really. "mad" magazine writer, good morning dick bedebartolo. >> let me read this one line. as of his byline in issue 502 in 2009, your material has appeared in 400 consecutive issues of "mad" magazine dating back to 1966, my friend. >> yeah, yeah. >> you are a veteran. >> i've been paid for five of those issues. >> but you ne what? >> the check's in the mail. >> but you get paid? >> yes. it's 20 years i've been on "world news now" too. >> wow. >> the first time i ever sat at the adult table. >> really? >> yeah, yeah. >> we haven't been there that long either. >> if you want to quantify us as adults. >> how did you get started, though? >> i was back in high school, reading "mad." i thought, i don't want to read this, i want to write this. so i wrote a satire and i read in a magazine, if you submit something, send a self-addressed stamped envelope. otherwise, they'll throw it out if it's rejected. so six weeks later, i get my envelope back. i'm heart broken. i open the envelope, and it's stuffed with cardboard. the cardb
policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday morning. well,
>>> glad to have you with us on this edition of "newsline." it's friday, december 21st. i'm catherine kobayashi in tokyo. they're hoping consumers will keep spending and not just on christmas presents. we have joined from the business desk with the numbers. >> the magic number is considered a rate that reflects a healthy stream of goods an services. the previous estimate didn't reach that number. officials at the commerce department have changed the picture of the economy filling in some gaps. they say the pace of growth is the highest. commerce department officials revised up their growth rate. gross domestic product grew from the previous quarter. it was up by 0.4% from the figure last month. it was up from 1.4 to 1.6%. consumer spending does account for 70% of gdp. expert growth was revised from 1.1% to 1.9%. federal government spending was changed. it was revised downward slightly but maintain the pace of 13.5%. still the u.s. economic outlook remains uncertain. the obama administration and the republicans are at a stand still to resolve the tax increases. here in japa
is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. recommended by more dishwasher brands worldwide. >> reporter: we're live in san leandro where two men were trapped inside a burning big rig this morning. we'll tell you how the driver's previous training may have helped save his life. >>> a critical day in a high- profile murder case. in just hours, a woman convicted of killing a bay area nursing student learns her punishment. >> reporter: a couple found bound and gagged in the middle of a san francisco street. the discovery that turned into a homicide investigation. >>> and a huge day for a huge shipping company. why this could be a record- breaking day for fed-ex. >>> good morning. i'm dave clark. >> i'm it it. >>> we be -- i'm tori campbell. >>> we begin with a big rig fire. it happened at 3:00 this morning. tara moriarty is live with more. good morning, tara. >> reporter: good morning. it's a route that this tru
target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of the meeting showing different figures from what the iea is say
with the cliff coming up? >> it's getting worse. it used to be there were big people in the senate and house who wanted to do the public good. right now, at the process, neither side is committed to it. >> what's next then? it was interesting this weekend to hear, for example, john boehner on with chris l wallace on fox news saying we're nowhere. shouldn't they counter with the president even if they think it's a ridiculous offer? >> if i'm advising the republicans, which i'm not, i'd over a republican plan that's progrowth, pro job creation, get rid of grover, and say this is what we're for, mr. president. here's the plan. i would say let's bargain in good faith. >> the sunday talk shows, geithner saying republicans need to deal with it, and others it's a stalemate. do you think that's for show though? it seems like the deals in washington, at this time of the year happen at the 11th hour, last three years especially for taxes. >> could have been for taxes, but,,and the but is very important, if there's a frame work december 31st at midnight, it will be just that. the markets will, i think, rea
dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competition. with the findings you see stocks down 4%. back to you. melissa: interesting. lori: thank yo
-- please give them a big round of applause. [applause] i want to thank martin for hosting us. i want to thank jeff and gibby for giving me a great tour of the factory. [applause] i've got to say i love coming to factories. >> i love you! >> i love you. so in addition to seeing the best workers in the world -- you've also got all this cool equipment. [laughter] i wanted to try out some of the equipment, but secret service wouldn't let me. [laughter] they said, you're going to drop something on your head, hurt yourself. [laughter] they were worried i'd mess something up. and jeff and gibby may not admit it, but i think they were pretty happy the secret service wouldn't let me touch the equipment. now, it's been a little over a month since the election came to an end. [applause] so it's now safe for you to turn your televisions back on. [laughter] all those scary political ads are off the air. you can answer your phone again -- nobody is calling you in the middle of dinner asking for your support. but, look, i have to admit there's one part of the campaign that i miss, and that is it is
remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. l
but maintain the pace of 13.5%. still the u.s. economic outlook remains uncertain. the obama administration and the republicans are at a stand still to resolve the tax increases. here in japan the central bank has started to consider a concrete inflation target. this is in response to a request made by the incoming leader. policy makers reviewed the inflation goal at a board meeting on thursday. they aim to reach a conclusion at their next meeting in january. liberal democratic party leader wants to pull japan's economy out of deflation once the new administration is in place. he's asking the boj to sign a policy accord with the incoming coming to make the target 2%. the rate remains at around 0%. it averaged at the lower 1% range during the bubble era in the late 1980s. some boj officials insist they should study the inflation impact on people's lives if it should double. others agree it might make it difficult to steer monetary measures in strview of economic conditions. the bank of japan plans to exam how its inflation target should be sent and when it shoultd be reached. let's g let's g
with christmas shoppers. this is the type of gun police say he used. an ar-15 semiautomatic rifle. america with more gun stores than grocery stores. tonight, eyewitnesses tell me what they saw when they started. i talk a gun advocate who says there should have been more guns in that mall. and the mother of the aurora, colorado, victims, who thinks the opposite. and talks about guns, north korea's nuclear threat. and the man at both sides of the gun debate, mark kelly. >> president obama hasn't really addressed the gun issue at all. >> this is piers morgan tonight. good evening. our big story tonight, america armed. a day after another gun outrage, a young 22-year-old shoots up a mall of christmas shoppers in oregon. here's the statistics. there's more than 129,000 federally licensed firearms dealers in this country. that's according to the bureau of alcohol and tobacco. there's 16,000 grocery stores and 14,000 mcdonald's restaurants. far more places to buy guns in america than groceries or burgers. 47,856 people murdered by firearms between 2006 and 2010. two more murdered in clackamas cen
will be done in coordination with u.s. forces. defense officials in seoul are also considering raising the country's alerstatus by one notch. japan's self-defense forces are on the alert in advance of this possible missile launch. the maritime sdf vessel carrying pac-3 missile interceptors has left its home port in hiroshima bound for okinawa. the pac-3 surface-to-air missiles are capable of shooting down debris should it come near the ground. the interceptors will be placed at several sites in okinawa. defense ministry officials expect the missile's flight path could take it over the islands of okinawa. commanders say they'll deploy aegis cruisers in those waters. they say they would only react if debris from a missile fell over japanese territory. >>> investigators are trying to understand why a highway tunnel near tokyo collapsed. panels on the tunnel's ceiling gave way, trapping people inside. nine people were killed. the accident happened sunday morning along a highway connecting tokyo to other parts of central japan. operators say bolts holding up concrete panels on the ceiling m
several rounds of tear gas and used water cannons to break up the protests. scores of people were injured on both sides. some were critically wounded. they were angry after the her with a gang rape last week, when a young woman was attacked so broadly, she is fighting for life. it goes beyond this one incident. people want a strong action from -- from thent's government. until then, they are prepared to keep the heat on. >> a delay until tuesday. the constitution in egypt was supposed to be passed, but now, the electoral commission says they will be looking at allegations of irregularities in the voting process. we were sent this report from cairo. >> egypt, on the brink of a new era. for weeks now, this country has been gripped by political turmoil. there is a lot at stake. egyptians have been waiting on a new constitution, and an early tally says more than 60% voted yes, but the result is not official yet. the guests of voters cannot get a victory for morsi and his supporters, and they say it will help egypt get back on track. >> there was not any blood spilled. the egyptian should be h
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